Word: unveiled
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...package he will unveil, though already frayed by the persistent chafing of special interests, is still highly ambitious, at least when measured against the cautious norms of political reality. By closing or narrowing a raft of loopholes, it would simplify the tax code and allow reduced rates without loss of revenue to the Treasury. Most taxpayers would shell out less, the President will emphatically advertise, while businesses and the wealthy would be stripped of shelters that now reduce or even eliminate their tax burden. The top rate would drop from 50% to 35%; middle-income taxpayers would...
Already embattled on its budget plans, the Reagan Administration seems determined to wage a simultaneous economic war on an equally contentious front: tax reform. The President is preparing to unveil "Treasury II," a watered-down version of the Treasury Department's reform proposals of last November. The idea is to produce a simpler and fairer system while raising about the same amount of revenue. The method: eliminate many deductions and reduce overall tax rates. Reagan intends to give the latest reforms a big send-off with a national TV speech, just as he did, with mixed results, when he unveiled...
Tokyo said it would unveil a more comprehensive and detailed plan of action in July, but U.S. businessmen doubt that swift and sweeping changes are in store. "This is just more rhetoric," said John McDonnell, a group vice president for the Electronic Industries Association. "Old habits will die hard," agreed Chairman Edson Spencer of Honeywell, the Minneapolis-based computer company. An American official based in Japan called Nakasone's speech a "big yawn...
Cambridge Mayor Leonard J. Russell will officially unveil a 200-volume collection of books and other materials on peace and non-violence this Thursday at the Central Square Branch Library. The sole criterion for including works, which were all donated by local citizens and bookstores, in the collection was that they deal in some way with the peaceful resolution of violent conflict, according to Jeb Brugmann, director of the Cambridge Commission on Nuclear Disarmament and Peace Education...
While we do not anticipate that Reagan will unveil a series of liberal reforms in his second term, we would welcome an interpretation of last week's mandate along these lines. If the President uses his strong victory to help forge pragmatic consensuses on major domestic and international issues rather than as an excuse to ignore the views of the minority who opposed him, he can prove wrong those critics who fear a second Reagan term will witness a feeding frenzy for the ideologues on the radical right. Such a response would represent true Presidential statesmanship...